Comments by "DrScopeify" (@drscopeify) on "Economic changes leading to uncertainty about inflation dynamics, says Roger Ferguson" video.

@peterdangelo5882 Well we have been in the same place for a while, nothing new here, we first hit 3% for 1 year inflation in July 2023, then went back up to 3.7% in September/October 2023, then down to 3.2% in November, 3.1% in December, back up to 3.4% in January then 3.1% in February and 3.5% in March.. It's such a tiny move for 1 year inflation data, keep in mind this number is for a 1 year going backwards. The FED goal of a perfectly healthy economy is 2.4% we are at 3.5% for 1 year of inflation, we shall see how this all plays out.
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@peterdangelo5882 Well that measure is not great becasue it does not account for our new economic order which has us buying goods from a globalized world which means every time an Americans buys goods made in other countries.... the money they spent is leaving the country so we are always losing inflation out the window. Super core is ignorant of that new reality. However, as we pull away from China, make things in Mexico instead, that will raise inflation here in the long term as more money will come back in to the economy and that can be a problem. Higher rates long term which might be a good thing to keep asset/house prices in check.
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